Goldman Sachs Initiates Coverage of Golar LNG Limited (GLNG) with “Buy” Rating and $54 PT

Group 1 - RIT Capital Partners holds $41.19 million worth of Golar LNG Limited shares, representing 5.16% of its portfolio [1] - Goldman Sachs initiated coverage of Golar LNG Limited with a "Buy" rating and a price target of $54 [2] - Golar LNG Limited is well-positioned to monetize stranded, low-cost gas reserves globally, focusing on floating LNG production units [3] Group 2 - Goldman Sachs projects Golar LNG Limited's run-rate EBITDA to rise from $260 million in 2025 to $800 million by 2028, driven by new projects and long-term agreements covering approximately 90% of its capacity [4] - Golar LNG Limited serves global natural gas and marine energy markets by designing, converting, owning, and operating floating LNG infrastructure for liquefaction, regasification, and storage [5]